Areva to work on California nuclear plant
Areva has said FNEG is a group of investors that wants to acquire the socalled EPR, or European Pressurized Reactor, technology for California.
EPR reactors are under construction in France, Finland and China, and the certification process is under way in the United States and Britain.
In California, Areva said that it has signed an agreement with FNEG to jointly select a site and work on the initial development of a 1,600megawatt EPR unit.
Our goal is to create a powerproducing infrastructure that combines clean electric energy sources, including nuclear, solar, and future technologies, said John Hutson, president of FNEG, in a statement.
Once the site is selected, FNEG and Areva will also start developing solar power.
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B.C. Hydro doing good job managing billions in capital assets, says auditor
VICTORIA - A report by B.C.’s auditor-general says B.C. Hydro is doing a good job managing the province’s dams, generating stations and power lines.
Carol Bellringer says in the audit that B.C. Hydro’s assets are valued at more than $25 billion and even though some generating facilities are more than 85 years old they continue to operate near full-capacity.
The report says about 80 per cent of Hydro’s assets are dams, generators, power lines, poles, substations and transformers that are used to provide electrical service to B.C.
The audit says Hydro invested almost $2.5 billion to renew, repair or replace the assets it…
